Where will a new Bucks arena be built, and what will it look like? Those answers could be coming soon.

"In the very near future," Mayor Tom Barrett said. "I've got meetings set up for next week, and I'm assuming we'll see more particulars then."

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Neither the Bucks nor their architects answered questions about a timeline, although a site north of the Bradley Center has been identified as a preferred location.

But while the team may announce its site selection or settle on a design sometime soon, it could be a quite a while before they come up with a plan to pay for an arena to replace the Bradley Center.

Gov. Scott Walker has proposed a plan to use future tax revenue from NBA players to pay for $220 million in bonding toward an arena.

Walker said the team will "pay their own way" by using expected increases in league and television rights revenue over the next 30 years to pay off the state's contribution to the project.

Walker said the state currently collects $6.5 million per year from professional athletes who play in Wisconsin through an athlete income tax that is also known as the "jock tax."

Walker said his plan will not touch that $6.5 million base, and that figure will continue to feed into the state's general fund.

But that $220 million bond plan isn't flying with some Republicans in Madison.

"I think we'll have to come up with a different strategy," Sen. Scott Fitzgerald said.

Fitzgerald said this week that some Senate Republicans don't like the way Walker's plan is crafted.

"The total amount, including interest, is just too high, so we have to find a way to get some cash into it," Fitzgerald said.

Some Republicans in the State Assembly said they believe the state's share of the plan is too high.

"The number, the $220 million, is where my caucus has more heartburn -- not the methodology to get there," Rep. Robin Vos said.

Walker said Wisconsin would lose about $10 million in annual revenue if the team were sold and moved out of the state. He also said the Bucks' owners have agreed to pay back the state's bond in full should the team be sold and moved.

Barrett has met with both leaders and remains confident a plan will come together.

"I think at the end of the day we'll get it done. I'm very optimistic," Barrett said.

The plan will be included in Walker's state budget, which still has to win approval from the Legislature.